Kingdom

CME Expands into Digital Finance, Launches CoorB in the Middle East and Africa

Retrieved on: 
Wednesday, February 28, 2024
UX, CME, Kingdom, AI, Data science, Insurance

DUBAI, UAE, Feb. 28, 2024 /PRNewswire/ -- CME, a multinational technology firm with over 40 years of experience in delivering cutting-edge solutions, announces its strategic expansion into digital finance with the launch of CoorB. This new venture marks a significant milestone for CME as it steps into the financial technology sector, leveraging its vast expertise in technology services and solutions.

Key Points: 
  • This new venture marks a significant milestone for CME as it steps into the financial technology sector, leveraging its vast expertise in technology services and solutions.
  • CoorB builds on CME's comprehensive engineering, UX, AI, and data science expertise to offer unparalleled end-to-end financial solutions and services.
  • Wissam Youssef, CEO of CME, said, "Launching CoorB aligns with CME's vision to pioneer a specialised hub for financial technology innovation.
  • CoorB will operate in principal markets across the Middle East and Africa, including the United Arab Emirates, the Kingdom of Saudi Arabia, and the Arab Republic of Egypt, setting new standards in the fintech industry.

Bristow and The Helicopter Company Form Strategic Partnership to Explore Advanced Air Mobility Opportunities

Retrieved on: 
Tuesday, February 27, 2024
Aircraft, Aviation, Helicopter, AAM, Certification, THC, Public Investment Fund, MOU, Kingdom, Partnership, Arms industry

The two companies plan to work together on advanced air mobility (AAM) initiatives in the Kingdom of Saudi Arabia as well as other collaborative vertical lift endeavors.

Key Points: 
  • The two companies plan to work together on advanced air mobility (AAM) initiatives in the Kingdom of Saudi Arabia as well as other collaborative vertical lift endeavors.
  • Together with Bristow, we will prove that everything is possible in aviation with the right partner."
  • "Bristow has collaborations with multiple leading AAM manufacturers to provide critical safety, operational, certification, and logistics expertise.
  • This agreement outlines a framework for Bristow and THC to adopt these new technologies, quickly and effectively, to strengthen a growing aviation ecosystem within Saudi Arabia."

Kingdom Booming Infrastructure Propels KSA Facility Management Market to 7.8% CAGR, Driven by Vision 2030 and Sustainability Focus: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
Asian Winter Games, Research, AI, Traction, Education, Service, Internet of things, Growth, Computer security, CBRE, Government, BMS, City, Building, Public–private partnership, Automation, Vision 2030, KSA, SGB, Workforce, Waste management, Kingdom, Cable television

Several key factors are propelling the KSA FM market towards a bright future:

Key Points: 
  • Several key factors are propelling the KSA FM market towards a bright future:
    Mega-Projects: The upcoming 2032 Asian Winter Games and other large-scale infrastructure projects require efficient facility management solutions, creating significant demand for FM services.
  • Vision 2030: The government's ambitious Vision 2030 plan emphasizes the development of smart cities and sustainable infrastructure, driving the adoption of advanced FM practices.
  • Specialized Service Providers: Niche players focus on specific segments like sustainability consulting, smart FM technologies, or healthcare facility management.
  • Building owners and occupants: Understand the benefits of professional FM, make informed decisions about service providers, and optimize facility management practices.

Kingdom Booming Infrastructure Propels KSA Facility Management Market to 7.8% CAGR, Driven by Vision 2030 and Sustainability Focus: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
Asian Winter Games, Research, AI, Traction, Education, Service, Internet of things, Growth, Computer security, CBRE, Government, BMS, City, Building, Public–private partnership, Automation, Vision 2030, KSA, SGB, Workforce, Waste management, Kingdom, Cable television

Several key factors are propelling the KSA FM market towards a bright future:

Key Points: 
  • Several key factors are propelling the KSA FM market towards a bright future:
    Mega-Projects: The upcoming 2032 Asian Winter Games and other large-scale infrastructure projects require efficient facility management solutions, creating significant demand for FM services.
  • Vision 2030: The government's ambitious Vision 2030 plan emphasizes the development of smart cities and sustainable infrastructure, driving the adoption of advanced FM practices.
  • Specialized Service Providers: Niche players focus on specific segments like sustainability consulting, smart FM technologies, or healthcare facility management.
  • Building owners and occupants: Understand the benefits of professional FM, make informed decisions about service providers, and optimize facility management practices.

Saudi's Savvy Games and Esports Delegation Conducts High-level Visit to Shanghai, Beijing and Chengdu

Retrieved on: 
Tuesday, February 27, 2024
CFO, Ecology, Public Investment Fund, Growth, EWC, HRH, Ecosystem, Vision 2030, Kingdom, Video game

Visiting Shanghai, Beijing and Chengdu, the delegation engaged with current and future partners in China's games and esports industry.

Key Points: 
  • Visiting Shanghai, Beijing and Chengdu, the delegation engaged with current and future partners in China's games and esports industry.
  • In 2023, Savvy, wholly owned by Saudi Arabia's Public Investment Fund, invested $265 million into VSPO, becoming the largest international investor.
  • Savvy's long-term investment is helping VSPO to continue to deliver on its global strategy and accelerate the growth of mobile esports.
  • We will work with VSPO to connect global esports markets and build Saudi Arabia into the hub of the global esports and gaming market.

Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
PayPal, BNPL, Wealth management, Yaqeen, Research, Artificial intelligence, Traction, STC, Risk management, Growth, Computer security, Future, Digital, Government, API, Insurance, SAMA, Kingdom, Risk assessment, Blockchain, Ecosystem, Fintech, Vision 2030, KSA, Consumer, Payment, Ant Group, Stripe, Ant

Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.
  • Several key factors are propelling the KSA fintech market towards a future brimming with innovation:
    Vision 2030: The government's ambitious plan prioritizes financial inclusion and digital transformation, creating a conducive environment for fintech adoption through supportive regulations and infrastructure development.
  • Shifting Consumer Preferences: Younger generations are increasingly tech-savvy and open to embracing alternative financial solutions, seeking convenience, personalization, and transparency.
  • The KSA fintech market features a diverse mix of players:
    Global Fintech Giants: Established players like PayPal, Stripe, and Ant Group are entering the market with their global expertise and advanced technologies.

Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
PayPal, BNPL, Wealth management, Yaqeen, Research, Artificial intelligence, Traction, STC, Risk management, Growth, Computer security, Future, Digital, Government, API, Insurance, SAMA, Kingdom, Risk assessment, Blockchain, Ecosystem, Fintech, Vision 2030, KSA, Consumer, Payment, Ant Group, Stripe, Ant

Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.
  • Several key factors are propelling the KSA fintech market towards a future brimming with innovation:
    Vision 2030: The government's ambitious plan prioritizes financial inclusion and digital transformation, creating a conducive environment for fintech adoption through supportive regulations and infrastructure development.
  • Shifting Consumer Preferences: Younger generations are increasingly tech-savvy and open to embracing alternative financial solutions, seeking convenience, personalization, and transparency.
  • The KSA fintech market features a diverse mix of players:
    Global Fintech Giants: Established players like PayPal, Stripe, and Ant Group are entering the market with their global expertise and advanced technologies.

Robo-Revolution in the Kingdom: KSA Robo-Advisory Market Zooms Ahead at 48% CAGR, Fueled by Tech Adoption and Millennials' Power: Ken Research

Retrieved on: 
Monday, February 26, 2024
International, Internet, Algorithm, Research, Traction, Investment, Growth, API, SAMA, Vision 2030, Sharia, KSA, Kingdom, Distribution, Financial adviser

Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.

Key Points: 
  • Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.
  • This press release summarizes the key findings and offers valuable insights for investors, financial institutions, and stakeholders seeking to capitalize on this flourishing trend.
  • Tech Adoption: Increasing internet and smartphone penetration, coupled with government initiatives like Vision 2030, creates a fertile ground for digital investment platforms.
  • Focus on Investor Education: Financial institutions and regulators are collaborating to educate investors about robo-advisors and promote responsible investment practices.

Robo-Revolution in the Kingdom: KSA Robo-Advisory Market Zooms Ahead at 48% CAGR, Fueled by Tech Adoption and Millennials' Power: Ken Research

Retrieved on: 
Monday, February 26, 2024
International, Internet, Algorithm, Research, Traction, Investment, Growth, API, SAMA, Vision 2030, Sharia, KSA, Kingdom, Distribution, Financial adviser

Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.

Key Points: 
  • Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.
  • This press release summarizes the key findings and offers valuable insights for investors, financial institutions, and stakeholders seeking to capitalize on this flourishing trend.
  • Tech Adoption: Increasing internet and smartphone penetration, coupled with government initiatives like Vision 2030, creates a fertile ground for digital investment platforms.
  • Focus on Investor Education: Financial institutions and regulators are collaborating to educate investors about robo-advisors and promote responsible investment practices.

Automating Efficiency: Saudi Arabia Warehouse Automation Market Gears Up for 14.2% CAGR, Driven by E-commerce Boom and Vision 2030: Ken Research

Retrieved on: 
Thursday, February 22, 2024
Cloud, ASRS, Cobot, Research, Artificial intelligence, Traction, Honeywell, Health, Government, Raketenjagdpanzer 1, Application, Automation, Wage, Path, Vision 2030, Machine learning, Workforce, Kingdom, WMS, Software, Warehouse

Ken Research's comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years.

Key Points: 
  • Ken Research's comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years.
  • Several key factors are propelling the Saudi Arabian warehouse automation market towards a bright future:
    E-commerce Boom: The exponential growth of e-commerce is driving demand for efficient and high-throughput warehouse operations, necessitating automation solutions.
  • Vision 2030: The government's ambitious Vision 2030 plan emphasizes logistics sector development, creating a conducive environment for automation adoption.
  • Rising Labor Costs: Increasing labor costs are prompting companies to seek automation solutions for cost-efficiency and productivity gains.